Avantis International Large Cap Value ETF (NYSEARCA:AVIV) Sees Large Increase in Short Interest

Avantis International Large Cap Value ETF (NYSEARCA:AVIV) was the target of a large increase in short interest in the month of February. As of February 27th, there was short interest totaling 298,200 shares, an increase of 101.4% from the February 12th total of 148,089 shares. Approximately 2.1% of the company’s shares are short sold. Based on an average daily volume of 75,579 shares, the days-to-cover ratio is presently 3.9 days. Based on an average daily volume of 75,579 shares, the days-to-cover ratio is presently 3.9 days. Approximately 2.1% of the company’s shares are short sold.

Institutional Trading of Avantis International Large Cap Value ETF

Several institutional investors and hedge funds have recently bought and sold shares of AVIV. Frankly Finances LLC purchased a new stake in Avantis International Large Cap Value ETF in the fourth quarter worth $3,752,000. Flow Traders U.S. LLC purchased a new position in Avantis International Large Cap Value ETF during the third quarter valued at $1,741,000. Redmont Wealth Advisors LLC purchased a new position in Avantis International Large Cap Value ETF during the third quarter valued at $1,164,000. Private Wealth Asset Management LLC bought a new stake in shares of Avantis International Large Cap Value ETF during the 4th quarter valued at $1,188,000. Finally, Lam Group Inc. boosted its holdings in shares of Avantis International Large Cap Value ETF by 50.9% during the 4th quarter. Lam Group Inc. now owns 31,125 shares of the company’s stock valued at $2,217,000 after buying an additional 10,500 shares in the last quarter. 53.08% of the stock is currently owned by hedge funds and other institutional investors.

Avantis International Large Cap Value ETF Stock Down 1.5%

Shares of NYSEARCA:AVIV traded down $1.14 on Thursday, hitting $74.71. The company had a trading volume of 79,245 shares, compared to its average volume of 82,111. The firm’s 50-day simple moving average is $76.24 and its two-hundred day simple moving average is $71.10. Avantis International Large Cap Value ETF has a 1 year low of $49.84 and a 1 year high of $80.80. The firm has a market capitalization of $1.08 billion, a price-to-earnings ratio of 97.03 and a beta of 0.77.

About Avantis International Large Cap Value ETF

The Avantis International Large Cap Value ETF (AVIV) is an exchange-traded fund that mostly invests in large cap equity. The fund is an actively managed fund primarily investing in non-US developed market equities with lower prices relative to their book values. AVIV was launched on Sep 28, 2021 and is managed by American Century Investments.